2 Algar Court, Parsons Way, Wells, Somerset, BA5 2FY
By McHugh & Co
£ 50,000
Reviews
1 out of 5 stars
McHugh & Co says ..
LOT 48 **FOR SALE BY ONLINE AUCTION** on 15th May 2025 Freehold Bungalow Vacant Possession
Property Oracle says ..
This property is a one-bedroom bungalow located in Wells, Somerset. The list price is significantly below the average price for the area, which is £355,683. However, the property has suffered significant fire damage, as shown in the provided images. The extent of the damage is substantial, requiring extensive repairs and renovations. While the location is close to several schools, including Wells Central CofE Junior School and St Cuthbert’s Church of England Academy, the condition of the property drastically impacts its overall value. The property includes a small garden.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 2
- Condition
- 1
- Location
- 7
- Land
- 4
- Bedrooms
- 1
- Bathrooms
- 0
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 270,000.00 £Decreased by 33.31 %
- Average area rental value
- 1,250.00 £/moIncreased by 32.42 %
- Est rental Yield
- 5.56 %Increased by 98.57 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
McHugh & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wells Building | Children's Centre Linked Site | 0.72 KM | |
| St Cuthbert'S Church Of England Academy Infants And Pre-School | Academy Converter | Good | 0.85 KM |
| St Cuthbert'S Cofe Junior School | Voluntary Controlled School | Requires improvement | 0.87 KM |
| The Blue School | Academy Converter | Good | 1.07 KM |
| Wells Cathedral School | Other Independent School | 2.22 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Algar Court | £ 70,000 | 0 | 0.00 KM |
| Welsh Court | £ 0 | 0 | 0.00 KM |
| Coronation Road | £ 195,000 | 0 | 0.00 KM |
| Davies Court | £ 0 | 0 | 0.00 KM |
| Priors Hill Close | £ 400,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Parsons Way, Wells, Somerset, BA5 | £ 200,000 | BUY | 5 / 10 | 0.05 KM |
| Parsons Way, Wells, BA5 | £ 350,000 | BUY | 6 / 10 | 0.08 KM |
| Parsons Way, Wells, Somerset, BA5 | £ 300,000 | BUY | Unknown | 0.09 KM |
| Parsons Way, Wells, Somerset, BA5 | £ 290,000 | BUY | 7 / 10 | 0.11 KM |
| Parsons Way, Wells, BA5 | £ 225,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 Parsons Way | £ 190,000 | 0.09 KM |
| 2 Parsons Way | £ 32,000 | 0.09 KM |
| 5 Parsons Way | £ 178,000 | 0.09 KM |
| 10 Parsons Way | £ 210,000 | 0.09 KM |
| 7 Parsons Way | £ 185,000 | 0.09 KM |